With which bloc did India formalize a Memorandum of Understanding on semiconductors?
European Union
2023 November
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India and the EU formalized a semiconductor Memorandum of Understanding. During a meeting between the leaders of the EU-India Trade and Technology Council, the agreement was finalized. The EU made clear as part of the agreement that information regarding awarded public subsidies will be shared, promoting openness and collaboration between the two organizations in the semiconductor industry.